Dogecoin

2026

Long

<p style="text-align: justify"><a href="https://en.coin-turk.com/dogecoin-holds-near-0-067-low-as-traders-watch-for-relief-bounce/" rel="noopener noreferrer nofollow">Dogecoin</a> has recorded a death cross on its daily chart, a technical pattern where the 50-day simple moving average (SMA) drops below the 200-day SMA. This marks the first time since 2026 that Dogecoin has exhibited this bearish signal, raising concerns among traders about continued downside risk.</p>
<h2 id="death-cross-follows-recent-golden-cross">Death cross follows recent golden cross</h2>
<p style="text-align: justify">The current death cross arrives only three weeks after Dogecoin registered a golden cross, a bullish pattern triggered when the 50-day SMA moves above the 200-day SMA. On October 5, this golden cross had sparked optimism in the market, but the rapid shift underscores the heightened volatility in Dogecoin price action.</p>
<p style="text-align: justify">Krisspax, a member of the Dogecoin community, commented on the development in a recent X post:</p>
<blockquote>
 <p>“We have a death cross on the Dogecoin chart when the 50-day SMA crosses below the 200-day SMA. It’s only been about 3 weeks since we had a golden cross, the shortest crossover I’ve seen for DOGE of this type, stressing the volatility of Dogecoin trading.”</p>
</blockquote>
<p style="text-align: justify">The unusually short interval between a golden cross and a death cross, just three weeks, points to an abrupt change in momentum for Dogecoin. Typically, a golden cross is interpreted by technical analysts as a sign that medium-term price action is improving, while a death cross signals weakening momentum in the short term relative to the longer trend.</p>
<h2 id="price-volatility-intensifies">Price volatility intensifies</h2>
<p style="text-align: justify">Dogecoin’s price rallied in the days preceding the death cross, climbing for three straight sessions and reaching a local high of $0.081 on October 29. However, after this rally, a sharp decline followed as trading sentiment shifted.</p>
<p style="text-align: justify">On Thursday, Dogecoin fell to $0.074, then extended losses to $0.072 on Friday. This price level was last seen in August 2026 and coincided with market reactions to Binance’s $6.3 billion security breach, which has been described as the largest theft in the history of digital assets.</p>
<p style="text-align: justify">CoinGlass, a cryptocurrency analytics platform, reported that total liquidations across the market reached $1.68 billion in the past 24 hours. Long positions, which are trades betting on higher prices, made up the vast majority of these liquidations at $1.43 billion.</p>
<p style="text-align: justify">Traders will be watching technical levels closely, with the next key support for Dogecoin identified at $0.069 and resistance remaining near $0.086, which aligns with the daily moving averages.</p>
<p style="text-align: justify;background: linear-gradient(135deg,#ffffff 0%,#fffdf9 100%);border:1px solid #f1e4d8;border-left:4px solid #F69434;padding:14px 16px;border-radius:12px;color:#1e293b;font-size:15px;line-height:1.7">Mini dictionary: Death cross — A technical analysis pattern that occurs when a shorter-term moving average, usually the 50-day line, crosses below a longer-term moving average such as the 200-day line, often considered a bearish signal indicating potential further declines in price.</p>
<table style="border:1px solid #f1e4d8;padding:8px">
 <thead>
  <tr>
   <th>Event</th>
   <th>Date/Period</th>
   <th>Price/Level</th>
  </tr>
 </thead>
 <tbody>
  <tr>
   <td>Golden cross (50 SMA above 200 SMA)</td>
   <td>October 5, 2026</td>
   <td>N/A</td>
  </tr>
  <tr>
   <td>Death cross (50 SMA below 200 SMA)</td>
   <td>Approximately late October 2026</td>
   <td>N/A</td>
  </tr>
  <tr>
   <td>Local high before death cross</td>
   <td>October 29, 2026</td>
   <td>$0.081</td>
  </tr>
  <tr>
   <td>Recent low after selloff</td>
   <td>First week of November 2026</td>
   <td>$0.072</td>
  </tr>
  <tr>
   <td>Next support</td>
   <td>N/A</td>
   <td>$0.069</td>
  </tr>
  <tr>
   <td>Resistance</td>
   <td>N/A</td>
   <td>$0.086</td>
  </tr>
 </tbody>
</table>
<p>The post <a href="https://en.coin-turk.com/dogecoin-forms-first-death-cross-since-2026-as-price-falls-to-0-072/" rel="noopener noreferrer nofollow">Dogecoin forms first death cross since 2026 as price falls to $0.072</a> appeared first on <a href="https://en.coin-turk.com" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.</p>

Dogecoin forms first death cross since 2026 as price falls to $0.072

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